The Arden Arcade Area is at a steady sales pace for the month of March. This area includes the major streets of Marconi all the way down watt to almost Auburn, and it butts right up against Carmichael. In fact, it's so funny because my in-laws on one side of Mission Ave. and we live on the other, yet we have different zip codes. Not sure who figures all that fun stuff up (City Planning?), but I'm glad it isn't me!
I do know that my husband, kids and all the dogs have grown up on the edge of Carmichael and Arden Arcade, so we are all quite find of Mission Avenue Park, the San Juan School District, and the many conveniences of the area (did I mention Togo's that not only employeed two of my teenagers all through high school, but also kept me in turkey and swiss sandwhiches for years!
Here's what's happening in the Arden Arcade Area Housing:
Current Active Arden Arcade Listings: 107
of those 47 appear to be distressed....meaning REO, or more likely, short sale.
March Sales: 47 however, only 9 them have closed, meaning the others are pending....could be short sales, again.
Year to date the Arden Arcade Area zip (which is 95821) has sold a mere 87 homes. Prices are ranging right now from in the very low 100's to the mid-200's. Of course, there are much more higher priced homes, they just aren't on the market right now.
If you're looking for a home to buy in the Arden Arcade Area, please visit my interactive website and see what's available:
http://www.findcarmichaelhomes.com/
If you have a home you'd like to sell in the Arden Arcade Area, please visit my other site and request a free CMA....I can give you a good price-range for your home's current value:
http://www.findcarmichaelhomes.com/
If you're considering a loan modification or a short sale, please contact me directly at 916.482.5834. I would be happy to confidentially discuss your options.
Ta ta for now,
Tamara
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